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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (5204)	6/4/2010 8:34:59 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 219173

Well, the trend is clearly down again, a newly confirmed sell signal today, and maybe I'll get a bit whipsawed for it, but who knows...<g> GZ

To: Real Man who wrote (5204)	6/4/2010 10:45:28 PM
From: DebtBomb	2 Recommendations Read Replies (2) \| Respond to of 219173

The fed is going to blow us all up. SOB. Fuk that....buy gold, LOL. This is getting ridiculous. 3rd bubble in a row....the bubble to end all bubbles? The sheeple ain't buying their BS anymore, IMO. IMHO, today was a good test and....what can they do now?....the bailout bubble is failing after only a year. The sheeple woke up. I smell the mother of all crashes. The bastards. Things are worse now....the fed dug us in a another 24 trillion....for bailing out bankster buddies. This is really getting out of control.

To: Real Man who wrote (5204)	6/5/2010 7:39:21 AM
From: carranza2	1 Recommendation Read Replies (1) \| Respond to of 219173

Even I'm not that bearish I'm not either. A sage lady, Meredith Whitney, recently made a couple of outstanding point, though. With 49 out of 50 states required to balance their budgets, there will be what she calls 'headwinds' against recovery as the states do so by reducing the number of employees. Coupled with the new regulatory environment faced by banks, credit for small businesses will continue to be difficult to obtain. This obviously does not bode well for the stock markets, especially as I think they will continue to be roiled by tightening in China and continued difficulties in Europe. I think it is insane to be in the markets at this point. Some bargains may be picked up as we revisit March '09, or worse, but to look for gains in the medium term is irrational. I am in no equities at present, NLY, NGD and GDX excepted, and have the bulk of stuff in gold and IEF, the ETF for 7-10 year Treasuries. It is really interesting to watch the bulls get whipsawed. GZ fortunately has a model that gets him in and out quickly. I got personally attacked, and banned from a bull's thread, for pointing out the bear case.....and while I don't wish ill for anyone, the temptation to say "I told you so" is great. I figure I did my duty, and no good deed goes unpunished, etc.

To: Real Man who wrote (5204)	6/5/2010 8:50:52 AM
From: ggersh	Read Replies (1) \| Respond to of 219173

A few pundits are calling for a retest of the 87 high. Could it happen? Quite frankly I believe so. With what the Fed and WS have done makes it even more plausible. We've talked about derivatives and the monster that they are. Having all the debt we have in the world, and all the insurance on all that debt, how can we escape that reality? WS, financial engineering destroyed the market. It is no longer a function or even resembles what it was meant to be. Has all trust in the market been eroded? I feel that it has. Remember it took something like 40 years after the crash for people to start trusting the market again. FWIW, 2900-3000 is where it could go, IMO. That's based on a 80% pullback from the highs. A real crash! -ng- BWDIK!!!